Brent oil price rallied upwards strongly yesterday to breach 62.50 level and closed the daily candlestick above it, which stops the recently suggested negative scenario and lead the price to achieve more rise in the upcoming period, paving the way to achieve positive targets that reach 65.40.
Therefore, the bullish trend will be expected for today unless breaking 62.50 level and holding below it again.
The expected trading range for today is between 61.50 support and 64.50 resistance.
The expected trend for today: Bullish
Origin: Economies
